Companies · Fintech
Africa · Fintech · founded 2020
Diligence memoA one-page analyst read on Nile — recommendation, valuation, rhythm, risks.→Nile looks fair against its niche peers and is dormant on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
No named principal in this company's public records yet — see all operators below.
Nile is one of 1063 Fintech companies tracked from Africa, on record since 2020. By capital raised it ranks in the upper tier (ahead of 85% of sector peers), and in the upper tier by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
SA agri-tech startup Nile raises $5.1m funding round led by Naspers Foundry 0 By Tom Jackson on May 19, 2022 News , Southern Africa South African agri-tech startup Nile, which enables buyers to purchase directly from Africa’s leading food producers through its marketplace, has raised a ZAR83 million (US$5.1 million) equity funding round led by Naspers Foundry. Nile was founded in 2020 to provide farmers with digital solutions that can address various pain points inherent to food trading – including price transparency, quality verification, speed of payments, the traceability of the produce and
SA agri-tech startup Nile raises $5.1m funding round led by Naspers Foundry 0 By Tom Jackson on May 19, 2022 News , Southern Africa South African agri-tech startup Nile, which enables buyers to purchase directly from Africa’s leading food producers through its marketplace, has raised a ZAR83 million (US$5.1 million) equity funding round led by Naspers Foundry. Nile was founded in 2020 to provide farmers with digital solutions that can address various pain points inherent to food trading – including price transparency, quality verification, speed of payments, the traceability of the produce and
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 85% of sector peers (real $). Modeled value above 86% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #16 of 32.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Thndr | Series A | $20.0M | $294.6M | 4.60× |
| Peach Payments | Series A | $31.0M | $284.2M | 4.44× |
| Bite Ninja, Inc. | Series A | $15.4M | $164.7M | 2.57× |
| Kinside Inc. | Series A | $16.7M | $151.9M | 2.37× |
| Plerk Holdings LLC | Series A | $12.0M | $142.8M | 2.23× |
| GroMo, Inc. | Series A | $11.0M | $141.3M | 2.21× |
| RYSE Inc. | Series A | $10.0M | $112.6M | 1.76× |
| Neural Payments, Inc. | Series A | $13.2M | $107.0M | 1.67× |
| Bizao | Series A | $8.2M | $100.4M | 1.57× |
| Purestream Trading Technologies Inc. | Series A | $24.9M | $90.4M | 1.41× |
| Ccl Trading Co Inc | Series A | $7.5M | $90.1M | 1.41× |
| Pioneer Valley Trading Company, Llc | Series A | $8.0M | $83.8M | 1.31× |
| Nile this company | Series A | $5.1M | $67.2M | 1.05× |
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $5.1M | 2022-05-19 | $23.2M | $67.2M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Nile is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Fintech World Group | Fintech | Series A | $5.0M | $98.5M | same sector · same stage |
| Payment Box, Inc. | Fintech | Series A | $5.0M | $14.1M | same sector · same stage |
| HoneyCoin | Fintech | Series A | $4.9M | $16.9M | same sector · same stage |
| Choice Payment Services, Inc. | Fintech | Series A | $4.8M | $60.8M | same sector · same stage |
| Altair Wealth Systems Holdings, LLC | Fintech | Series A | $4.7M | $56.3M | same sector · same stage |
| Proof Trading, Inc. | Fintech | Series A | $4.6M | $124.2M | same sector · same stage |
| Cityfurnish, Inc. | Fintech | Series A | $4.6M | $132.8M | same sector · same stage |
| Paymento | Fintech | Series A | $4.5M | $26.1M | same sector · same stage |
Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.
| Firm | Round | Confidence |
|---|---|---|
| Base Capital | Series A | 55% |
| Naspers Foundry | Series A | 55% |
| Platform Investment Partners | Series A | 55% |
| Raba Capital | Series A | 55% |
See where Nile sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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